Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.071%49s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.071%, 7d avg −0.037%
=Funding pays, the price is against you. MEXC is 0.034% cheaper against BloFin than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.037%). If the spread goes back, that is −$3 on $10k: about 5.1 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 1000RATS-USDT | 0.00004240 | 0.0718 | pay 0.0359% / 4h | 3h 02m | $1.0M | $10K | 40x |
| Short | MEXC 1000RATS_USDT | 0.00004237 | 0.0740 | get 0.0370% / 4h | 3h 02m | $787K | $169K | 125x |
BloFin 1000RATS-USDT
MEXC 1000RATS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.62
- Price spread: −0.071% → −0.037%
- −$3.37
- Slippage, 4 orders
- −$101.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.85
- Costs to cover
- 1.171%
- Break-even
- 182.7 days
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 43 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 5 min ago | 1.18 bp | 31.6 bp −$32 | 121.4 bp −$1,214 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 2.33 bp | 28.1 bp −$28 | 74.0 bp −$740 | 241.8 bp −$24.2K | 425.0 bp −$212.5K |
RATS on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate RATS_USDT | +0.0100% | 4h | 0.00004223 | −0.401% | $2.4M | $484K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0250% | 4h | 0.00004235 | −0.118% | $1.5M | $398K | 25x | as long as short |
| BloFin 1000RATS-USDTlong | +0.0718% | 4h | 0.00004240 | long leg | $1.0M | $10K | 40x | |
| Binance 1000RATSUSDT | +0.0736% | 4h | 0.00004238 | −0.050% | $11.1M | $2.2M | 40x | as long as short |
| MEXC 1000RATS_USDTshort | +0.0740% | 4h | 0.00004237 | −0.071% | $787K | $169K | 125x | |
| edgeX 1000RATSUSDC | +0.0754% | 4h | 0.00004237 | −0.059% | $34K | $296K | 10x | as long as short |
| KuCoin 1000RATSUSDTM | +0.1046% | 4h | 0.00004227 | −0.307% | $651K | $103K | 30x | as long as short |
| Aster 1000RATSUSDT | +0.1680% | 4h | 0.00004228 | −0.272% | $20K | $15K | 5x | as long as short |
| Bybit 1000RATSUSDT | +0.1716% | 4h | 0.00004236 | −0.094% | $4.3M | $1.0M | 20x | as long as short |
| BingX RATS-USDT | +0.1740% | 4h | 0.00004234 | −0.142% | — | $1.3M | — | as long as short |
Gate RATS_USDT
Bitget 1000RATSUSDT
Binance 1000RATSUSDT
edgeX 1000RATSUSDC
KuCoin 1000RATSUSDTM
Aster 1000RATSUSDT
Bybit 1000RATSUSDT
BingX RATS-USDT